1,556 companies earned 58.59m€ in 2025, 0.3% of all company revenue in Montenegro. It ranks 17 of 18 sectors by revenue. Revenue has grown 3.2× since 2015.
0.3% of Montenegro's revenue
908 with at most one employee
Largest employer: Pogrebne Usluge (118)
Total profit: -2.22m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 18,513,181€ | 347 |
| 2016 | 19,741,291€ | 403 |
| 2017 | 20,970,119€ | 459 |
| 2018 | 19,833,937€ | 530 |
| 2019 | 21,575,106€ | 645 |
| 2020 | 18,641,551€ | 750 |
| 2021 | 23,911,993€ | 840 |
| 2022 | 33,491,161€ | 1,044 |
| 2023 | 42,996,506€ | 1,282 |
| 2024 | 51,131,903€ | 1,444 |
| 2025 (Preliminary) | 58,590,009€ | 1,556 |
Growth is measured on the same companies, which filed for both years.
Share of the sector's revenue
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 801–850 of 1,556
* Avg payroll cost per employee per month = wages, wage compensation and other personnel expenses from the income statement (AOP 211: net wages, taxes and contributions on wages including the employer's, and other personnel expenses) / employees / 12. It is not an employee's gross or net salary; reporting errors can move it significantly, and values below 300€ a month are not shown. How we calculate →
Totals include 309 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 801 | Vuk 202203770885 · Berane | <0.1% | 10,930€ | No filing for 2024. | 516€ | 4.7% | 1 | 782€ |
| 802 | Beauty Studio Jota03429989 · Bar | <0.1% | 10,923€ | -3.4% | -397€ | -3.6% | 1 | 678€ |
| 803 | Happy Paws-Grooming03254011 · Podgorica | <0.1% | 10,883€ | +60.6% | 195€ | 1.8% | 1 | 742€ |
| 804 | 4TH Group03005950 · Herceg Novi | <0.1% | 10,840€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 852€ | 7.9% | 1 | 680€ |
| 805 | DMD Nails03325679 · Herceg Novi | <0.1% | 10,805€ | +29.9% | -4,855€ | -44.9% | 2 | 544€ |
| 806 | Monte Beauty Time03418600 · Budva | <0.1% | 10,789€ | +19.3% | 302€ | 2.8% | 1 | 678€ |
| 807 | Auto Roganović03169529 · Nikšić | <0.1% | 10,740€ | +149.5% | 5,058€ | 47.1% | 1 | 338€ |
| 808 | Allure Hair Salon03756939 · Budva | <0.1% | 10,721€ | No filing for 2024. | -2,293€ | -21.4% | 2 | 341€ |
| 809 | Barber Studio03751228 · Podgorica | <0.1% | 10,716€ | No filing for 2024. | 197€ | 1.8% | 0 | — |
| 810 | Betelgeuse03493539 · Bar | <0.1% | 10,670€ | +648.8% | -3,565€ | -33.4% | 2 | 424€ |
| 811 | Ruža 4M03336727 · Podgorica | <0.1% | 10,638€ | +8.7% | -86€ | -0.8% | 1 | 692€ |
| 812 | BY M - Miracle03088898 · Podgorica | <0.1% | 10,633€ | +71.9% | 15€ | 0.1% | 1 | 753€ |
| 813 | Sunrais Tim03411923 · Tivat | <0.1% | 10,562€ | +276.7% | -1,647€ | -15.6% | 1 | 670€ |
| 814 | Lusona03351157 · Budva | <0.1% | 10,558€ | -49.3% | -4,962€ | -47.0% | 2 | 450€ |
| 815 | Winx02432242 · Podgorica | <0.1% | 10,554€ | +680.6% | 1,557€ | 14.8% | 1 | — |
| 816 | S.F. Team-Mne03531481 · Bar | <0.1% | 10,500€ | +10.5% | 1,964€ | 18.7% | 1 | 674€ |
| 817 | Smod Home03382982 · Tivat | <0.1% | 10,485€ | +3.4% | 74€ | 0.7% | 1 | 677€ |
| 818 | Lielon03317358 · Bar | <0.1% | 10,460€ | +21.7% | 614€ | 5.9% | 1 | 667€ |
| 819 | SK Digital03635830 · Bar | <0.1% | 10,446€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,295€ | -69.8% | 2 | 661€ |
| 820 | Family Hair Lab03411397 · Podgorica | <0.1% | 10,435€ | -23.5% | -1,542€ | -14.8% | 1 | 677€ |
| 821 | Relash03287548 · Herceg Novi | <0.1% | 10,410€ | +671.1% | -844€ | -8.1% | 1 | 929€ |
| 822 | Ab Beauty Studio03802698 · Mojkovac | <0.1% | 10,400€ | No filing for 2024. | 10,289€ | 98.9% | 1 | — |
| 823 | Eko Cleaning Montenegro03455726 · Podgorica | <0.1% | 10,388€ | +186.6% | 1,102€ | 10.6% | 1 | 553€ |
| 824 | RG Team Nikolić03310680 · Tivat | <0.1% | 10,381€ | +28.9% | -6,322€ | -60.9% | 2 | 365€ |
| 825 | DVD Katić03255492 · Herceg Novi | <0.1% | 10,366€ | -6.1% | -1,177€ | -11.4% | 1 | 692€ |
| 826 | Dumaju03361381 · Ulcinj | <0.1% | 10,345€ | +14.2% | -2,726€ | -26.4% | 1 | 678€ |
| 827 | J&A Company03380386 · Kotor | <0.1% | 10,315€ | -33.6% | -289€ | -2.8% | 1 | 759€ |
| 828 | The Girl House03314847 · Podgorica | <0.1% | 10,288€ | -18.6% | -4,199€ | -40.8% | 3 | 339€ |
| 829 | Gokce Montenegro03630048 · Podgorica | <0.1% | 10,279€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,898€ | -96.3% | 2 | 653€ |
| 830 | Art Beauty Salon03445054 · Podgorica | <0.1% | 10,270€ | -0.4% | -296€ | -2.9% | 1 | 720€ |
| 831 | Allora03169715 · Podgorica | <0.1% | 10,258€ | -7.9% | 1,099€ | 10.7% | 1 | 563€ |
| 832 | Rora Company03713113 · Berane | <0.1% | 10,258€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,234€ | 90.0% | 1 | — |
| 833 | Alex Hair Design03054128 · Tivat | <0.1% | 10,254€ | +11.7% | 32€ | 0.3% | 1 | 677€ |
| 834 | Afanasenkoff Group03680525 · Budva | <0.1% | 10,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,298€ | -90.7% | 1 | 757€ |
| 835 | Seid03676609 · Bijelo Polje | <0.1% | 10,194€ | +195.0% | 1,110€ | 10.9% | 1 | 677€ |
| 836 | Barber House03611078 · Podgorica | <0.1% | 10,183€ | -0.1% | -1,176€ | -11.5% | 1 | 724€ |
| 837 | Glam Studio BY Vesna03665704 · Podgorica | <0.1% | 10,164€ | +38.5% | -6,673€ | -65.7% | 2 | 452€ |
| 838 | Studio Aida03386945 · Tuzi | <0.1% | 10,145€ | +16.1% | -33€ | -0.3% | 1 | 677€ |
| 839 | Sentido03226590 · Ulcinj | <0.1% | 10,126€ | +2.4% | -1,917€ | -18.9% | 1 | 922€ |
| 840 | Studio 2803694607 · Podgorica | <0.1% | 10,110€ | +531.9% | 32€ | 0.3% | 1 | 451€ |
| 841 | Salon Miro02634457 · Tivat | <0.1% | 10,077€ | -14.1% | -560€ | -5.6% | 2 | 310€ |
| 842 | Beauty Studio Cataleya03662446 · Kotor | <0.1% | 10,066€ | +1,465.5% | -3,075€ | -30.5% | 1 | 678€ |
| 843 | Zoi Beauty03706532 · Podgorica | <0.1% | 9,968€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -268€ | -2.7% | 1 | 678€ |
| 844 | Frizerski Salon Luka03718581 · Berane | <0.1% | 9,966€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,692€ | -127.4% | 2 | 675€ |
| 845 | Basic Studio Beauty and Health03171957 · Podgorica | <0.1% | 9,965€ | +31.0% | -119€ | -1.2% | 1 | 734€ |
| 846 | Fmakareev03451437 · Bar | <0.1% | 9,960€ | +36.4% | -11,128€ | -111.7% | 2 | 804€ |
| 847 | Berber Number One03625648 · Podgorica | <0.1% | 9,941€ | +39.4% | 76€ | 0.8% | 1 | 782€ |
| 848 | Gab-Ema03490297 · Tuzi | <0.1% | 9,889€ | +22.0% | -525€ | -5.3% | 1 | 685€ |
| 849 | Dogylend Studio Mne03206211 · Podgorica | <0.1% | 9,872€ | +8.0% | 100€ | 1.0% | 1 | 678€ |
| 850 | Merko02378515 · Bijelo Polje | <0.1% | 9,863€ | +3.0% | 608€ | 6.2% | 1 | 675€ |